Selling A Car

April 18th, 2010 at 09:07 am

We are going to sell our paid for car. A 2002 Ford Taurus with nearly 120,000 miles. We bought it used in 2006 for $8K. In the last 4.5 years, we have spent nearly $4K in repairs. It has been pretty reliable, but it seems every time we turn around that something needs to be fixed or addressed. Yes, some of it is maintenence, but much of it is failure of the original design. I'm not even going to get into the problems here.

The deployment is prompting our desire to sell it. It is really hard for one person to drive two cars! As a stay at home mom, I'm not driving that much. We will save on car insurance and registration for a short period of time. The sale will also bring in some cash. Oh, and DH has been salivating over getting a truck for over a year now. He will get one when he returns.

We are pretty sure we will sell it to an out of state relative. They have a Taurus and love it. They will have a 16 year old in October. We are going to take it to a dealer to see what their offer would be and use that as our spring board for negotiations with them. Yes, we have checked a couple online sites, but the prices are a bit varied. We also want an opinion from someone who actually sees and drives the vehicle.

If we come to an agreement on price, I will actually have to hold the vehicle for the relatives until October. They don't need it until then. They are also still saving the cash for it. Of course, I'm pleased with that, since they will not have a loan.